Securities Credit Derivatives

  • TOKYO, Aug 25- Japanese government bond futures edged up on Thursday as the market took heart following firm investor demand at a liquidity-enhancing auction. September 10- year JGB futures were up 0.04 point at 151.50, with caution before Federal Reserve Chair Janet Yellen's speech at a central bankers' meeting on Friday preventing further gains.

  • SHANGHAI, Aug 23- China bond futures posted their sharpest fall in three months on Tuesday as the prospect of more liquidity injections by the central bank into the financial system reduced expectations of more aggressive policy easing. Traders said the People's Bank of China asked banks about demand for 14- day reverse bond repurchase agreements for the...

  • TOKYO, Aug 16- Japanese government bond futures edged up on Tuesday as Tokyo stocks slipped on a stronger yen and enhanced the appeal of safe-haven debt. The 10- year September JGB futures were up 0.09 point at 151.44. The futures initially slipped to 151.28 following an overnight fall by U.S.

  • TOKYO, Aug 16- Japanese government bond futures edged up on Tuesday as Tokyo stocks slipped on a stronger yen and enhanced the appeal of safe-haven debt. The 10- year September JGB futures were up 0.09 point at 151.44. The futures initially slipped to 151.28 following an overnight fall by U.S.

  • SAO PAULO, July 11- Holders of about $210 million in credit default swaps issued to insure against the bankruptcy of Brazilian phone operator Oi SA are likely to get paid later this month after an industry group scheduled a July 21 auction of the securities. Earlier this month the New York- based International Swaps and Derivatives Association declared a "credit...

  • NEW YORK, June 26- U.S. Treasury debt futures rose on Sunday in a signal that a risk-off mood is persisting among global investors in the aftermath of Britain's vote to leave the European Union. In early electronic trading on the Chicago Mercantile Exchange, 10- year Treasury note futures rose around half a point, or 0.38 percent, while 2- year note futures gained...

  • China will move closer to launching credit-default swaps for the first time under the recommendations, which were made by the financial derivative committee under the state-controlled National Association of Financial Market Institutional Investors, the sources said. The committee met recently to amend rules governing the rarely used credit risk...

  • TOKYO, May 19- Japanese government bond prices slipped on Thursday, tracking falls in U.S. The price of 10- year JGB futures fell 0.31 point, the biggest fall since April 27, to a three-week low of 151.52. An auction of 1.1 trillion yen 20- year JGBs attracted decent bids, with the auction's tail, or the gap between average and lowest prices, shrinking to 0.15 from 0.21 in...

  • TOKYO, May 10- Japanese government bonds slipped on Tuesday as gains in equities offset solid results of a 10- year JGB auction. The benchmark 10- year JGB yield added 1.5 basis points to minus 0.095 percent, while the 10- year JGB futures contract ended down 0.03 point at 151.80. as the Nikkei stock index finished 2.2 percent higher. Japan's Ministry of Finance...

  • CHICAGO, April 15- Illinois is seeking legal help as its deteriorating credit standing threatens to end bond-related deals with banks at a big cost to the cash-strapped state, according to a government website. A week ago, Illinois advertised for an outside law firm to assist with potential termination of interest-rate swap transactions and with replacing...

  • *China consider developing CDS market- sources. *More bond defaults being allowed in China, but cautiously. SHANGHAI, March 31- In a sign China is exploring ways to allow more bond defaults without destabilizing the market, a state body has circulated plans to introduce credit-default swaps and other derivatives, sources said, so investors can hedge risk in its...

  • SHANGHAI, March 30- China has circulated plans to introduce credit-default swaps and other derivatives so investors can hedge risk in its $7.5 trillion bond market, sources said, a sign regulators want to allow more defaults without destabilizing the market. Sources said that the China's National Association of Financial Market Institutional Investors, a...

  • TOKYO, March 22- Japanese government bond prices gained on Tuesday, with the 30- year yield reaching a new record low, as investors reinvested proceeds from maturing debt back into the market. June 10- year JGB futures nudged up 0.02 point to 151.73. The 30- year yield touched a life-time low of 0.455 percent.

  • *Oil slump left Nigeria short of funds to import oil products. LONDON/ ABUJA, March 17- Nigeria is set to ramp up the amount of crude oil it swaps for vital gasoline imports by more than a third as it grapples with the worst economic crisis in years and upheaval in its graft-ridden energy sector. A more than 60 percent drop in global oil prices since 2014 has hammered...

  • SEOUL, March 10- South Korea's central bank kept its policy on hold on Thursday and its chief suggested he was not ready to ease policy soon, dampening bond futures prices and bolstering the won currency. The Bank of Korea's monetary policy committee held the policy rate steady at record-low 1.50 percent for a ninth consecutive month. "We will have to see what oil...

  • Look at Apple derivative plays: Analyst

    Neil Campling, global TMT analyst at Aviate Global, says the best way to play on Apple is to look at related stocks.

  • The world’s biggest banks have agreed to tear up the rule book on derivatives to make it easier to resolve a future failing firm like Lehman Brothers.

  • Jeffrey Lacker, president of the Federal Reserve Bank of Richmond.

    Richmond Fed's Jeffrey Lacker said that his dissent from the central bank's exit strategy stemmed from its mortgage-backed securities plan.

  • Warren Buffett called derivatives “financial weapons of mass destruction”

    Warren Buffett famously referred to derivatives as "financial weapons of mass destruction," but unless we accept that residential mortgages are too, the phrase glorifies them into something they are not.

  • Clever finance critters are fleeing from swaps to futures, escaping the new regulatory regime that was a center-piece of Dodd-Frank.